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Trump held a cryptocurrency summit at the White House on Wednesday, pressed Congress to pass the CLARITY Act, and left open the question of further government Bitcoin purchases.
The CLARITY Act is proposed federal legislation that would define which digital assets fall under the Securities and Exchange Commission and which fall under the Commodity Futures Trading Commission.
Executives from Coinbase Global Inc., Robinhood Markets Inc., Ripple, and Kalshi attended alongside CFTC Chairman Michael Selig and SEC Chairman Paul Atkins. What was said in the room Trump called the U.S.
the "hottest country" in the world for digital assets.
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